Hochul spearheads plan to pay NYers to switch to green appliances amid state budget crisis

New York is introducing a new incentive for residents who switch to green alternatives in their homes.

In Thursday's announcement, Gov. Kathy Hochul revealed that her state will be the first to offer a rebate under the new Resource Development Program.

This rebate, funded by the Inflation Reduction Act (IRA), offers low- and moderate-income families up to $840 for switching to gas-powered clothes dryers that use alternative heating.

“New York is demonstrating its continued commitment to ensuring an equitable energy transition by using all available state funds to encourage consumers to make energy-efficient purchases a priority,” Hochul said in a statement.

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“Thanks to these new rebates, low-income and low-income New Yorkers will save energy and money while washing their clothes with modern technologies that will reduce emissions,” he added.

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The New York State Energy Research and Development Authority (NYSERDA), also praised the new initiative.

“NYSERDA is excited to begin distributing this IRA grant for home appliance rebates through a customer-focused approach that ensures low-income and low-income New Yorkers can easily upgrade low-efficiency clothes dryers or buy a first-time dryer,” NYSERDA said.

The handout comes as New York ranks as the nation's second-highest in debt by 2021, according to the New York State Comptroller.

New York Gov. Kathy Hochul announced that her state will be the first to offer a rebate under the new Utilities Improvement Program. (George Frey)

The comptroller's office released a report on the state's financing plan, predicting that New York will issue 3.4 times more debt than it will take in over the next five years.

New York has been pushing for an end to fossil fuels in the state, but has previously been criticized for its plans.

Officials announced in May 2023 that starting in 2026, New York will ban gas stoves and heating systems from new construction in buildings seven stories or less, according to reports.

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“I think it's funny, and I think the danger is that it almost seems funny so people can take it, you know, maybe not as well as it should,” New York Senate Minerals leader Rob Ortt told Fox News Digital in an interview. before the ban. “It will increase New York state's utility bills, it will reduce New York state's electricity reliability, and it will do nothing to combat climate change.”